Tanzania seeks more investments by Morocco’s OCP

Tanzania seeks more investments by Morocco’s OCP

Tanzania is seeking to have another OCP plant to produce fertilizers in the country as part of efforts to bolster farming output and reduce food inflation.

“President Samia Suluhu Hassan had met with Moroccan state-owned fertilizer producer The OCP Group for talks to establish another plant in Tanzania,” Tanzanian media The Citizen reported.

Morocco’s phosphates and fertilizers maker OCP has opened several plants across Africa to blend customized fertilizers. It is also investing in two large-scale plants in Ethiopia and Nigeria with a combined value of some $4 billion.

OCP pledged to dedicate 4 million tons of phosphates-based fertilizers to the African market in 2023, that is double the quantity it sold on the continent in 2021.

OCP has heavily invested in the development of eco-responsible fertilizer production capacity, reaching 15 MT of finished product by 2023, from a base of 3MT in 2008. This enables OCP to respond to Africa’s urgent needs while also supporting farmers around the world.

Thanks to OCP’s supply of customized fertilizers, Senegal’s millet yield jumped 63% and Nigeria’s corn yield 48%, with similar results in Ghana and elsewhere. OCP’s involvement in Ethiopia has seen wheat, corn, and teff yields increase by up to 37%.

Last year, OCP offered 180,000 tons of customized fertilizers in donations and 370,000 tons at a reduced price to help many African countries secure their soil nutrients needs amid a surge of prices in the international demand.

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